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He doesn’t get the fact that there are several (very) long-term investors on this board who have witnessed the same mistakes occur over and over and over again with this company. He obviously hasn’t been invested in this long enough to feel the pain and the buyer’s remorse. Let him and the other cheerleaders figure it out for themselves.
Save this post. You can use it again a year from now!
Just more wrong assumptions by the iHub “expert” surgical robotics investor gallery.
If that makes you feel better then go with that scenario!
Thanks Liv! Happy New Year!!
Thanks brutha, you too!
Did you get out of KAVL and ENZC before they crashed? I have losses there too. The whole year was a sh1t-show on my portfolio.
Milestone 4 - NASDAQ Delisting! WooHoo!!
I guess Cataford forgot to connect his fire hose to a hydrant. Appears this thing is going down in flames!
Oh I know… Let’s expand to The Bay Area and hire another 250 engineers in 2022. We can rebrand again too... Next year’s mantra will be “ENOS, Decades of Sustainability and Futility!”
F’n Clown Show!
I’d be EXTREMELY happy with that.
Liv, I hope you make me eat my words! I still don’t believe there are acquirers waiting in the wings to buy Titan but if there is, it’s all good. If Titan actually has considerable value, I cannot imagine MDT lets them slip away to a competitor. Hoping the next few days paints the picture whether either way.
10 more business days in 2021. This is it folks. Where is this company headed?
Let’s Go Titan!!!!!!!!
What? Can’t hear you ShortsRClowns, I just stuck my head in the oven!
Only a short time ago we were all clinking our champagne glasses as we neared $3.50 per share on that glorious announcement that our savior (MDT) was onboard!
<sticks head in oven>
Which is basically what most of us have been predicting.
So you think they will announce Milestone 4 before year’s end but an announcement of a newly negotiated agreement will not be forthcoming until January or February?
Good post!
So it sounds like you’re predicting the MDT relationship is coming to a close?
Which is why I do not reach out to Titan people anymore. Stephen Randall was a flat-out bull-shytter, and, of course, he is gone with all the rest of’em. I clearly understand the state of things as they are right now. They are dire as I see it. But there are still many unanswered questions. Again, it does not make sense to me that Titan went all out on expansion just a short time ago. Perhaps that is one of the main reasons why McNally was relieved of his duties. He seems to be proficient at making one bad decision after another. And none of us know what was redacted in the MDT agreement. Lots of assumptions but no one truly knows. I do give Mustang credit for actively seeking knowledge. I think he has always been a bit overly optimistic but he does do his homework and he is pro-active. History has shown us over and over that the management of this company lacks transparency - or else they are just extremely incompetent. I believe they purposely mislead. I highly doubt Milestone 4 moves the needle on this much, if at all. It really comes down to what Medtronic is going to do. Most here agree, if the agreement is not extended or an equity stake is not taken, this thing will crash and burn. I am mentally preparing myself for that to happen.
Then go ahead and file a lawsuit HC!
I agree. It doesn’t change the situation we are in. If MDT doesn’t pick up the pieces, more dilution is inevitable. I personally do not wish to try and hang on for another 2 - 3 years. I don’t want to sell at a huge loss now either. So, like yourself and other Longs, here we sit, stuck in this never-ending POS investment. Mustang’s post does confirm the firing of McNally (Sorry Sport19, he did not resign on his own volition) and gives a valid reason for Advincula’s departure (could be BS but I think it’s valid - sorry HC). Do I have more faith in Titan now after reading ‘Stang’s post? ABSOLUTELY NOT!
Agree.
I wasn’t on the call.
Very interesting post by 66Mustang on another forum. I wish he would elaborate on his visit to Chapel Hill. He does confirm that McNally was asked to resign.
Agree!!!!!
I used to call them occasionally. Spoke to John Hargrove once and spoke to Randall several times. They seemed transparent but as we all know now, they were full of it.
Have you had recent correspondence with them? You are the one who told Livendi to have faith due to your “inside knowledge.” Do you know anything about Arnie’s disappearance? Is Flenderson still in touch with his “inside contact?”
Expand when it’s time to expand. Titan always seems to put the cart before the horse. How far along is ENOS? On the surface it certainly appears not as far along as we all thought. As of today, there is STILL at least one open position for a Software Engineer.
If Titan is about ready to be buried 6 feet under, one of the things I am really trying to understand is WHY the recent expansion and job openings in the Research Triangle?
Liv is a good dude!
It’s all over if MDT walks away IMO. I know Liv is holding out for another “Big Boy” to step in but if MDT doesn’t have interest to “protect” Titan then Titan simply doesn’t have the “goods.”
What a SHYT SHOW!
If that is why McNally was “fired” then his release from the company should have happened when the ink was still wet on the agreement.
I definitely agree with that. I am just throwing out a guess as to the amount Titan has spent developing the actual device since the Amadeus days. Honeycomb probably has a more accurate figure for overall development costs. The IP will be worth much much more if it makes its way into a FDA cleared device!
You’re buying and sm0king that 35% THC weed aren’t you?
…so Adrock can change his profile picture back!
Bring back Reiza!